dividend
confidence high
sentiment positive
materiality 0.60
Landstar declares $2.00 special dividend and expands share repurchase authorization
LANDSTAR SYSTEM INC
- Board authorized purchase of up to 319,332 additional shares; aggregate authorization now 3,000,000 shares.
- Special cash dividend of $2.00 per share declared, payable January 19, 2024 to holders of record January 3, 2024.
- Share purchase program has no assigned expiration date for the new authorization.